Cargojet Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3.7	1.5	31.8	6.1	94.7	3.7
Cash & Short-Term Investments	3.7	1.5	31.8	6.1	94.7	3.7
Cash Growth	-44.78%	-95.28%	421.31%	-93.56%	2459.46%	131.25%
Accounts Receivable	69.1	98.2	113.7	78.4	68	31.2
Other Receivables	13.9	4.9	5.5	17.3	7.1	10.2
Receivables	118.7	103.1	119.2	95.7	75.1	41.4
Inventory	3.7	2.5	2.6	3.3	2.2	1.5
Prepaid Expenses	43.1	8	8.6	11	5.2	5
Other Current Assets	30.7	-	115.9	-	22.7	44.6
Total Current Assets	199.9	115.1	278.1	116.1	199.9	96.2
Property, Plant & Equipment	1,727	1,651	1,567	1,644	1,160	998.7
Long-Term Investments	9.8	7.7	7.3	7.4	9.4	-
Goodwill	48.3	48.3	48.3	48.3	48.3	48.3
Other Intangible Assets	2	2	2	2	2	2
Long-Term Accounts Receivable	95.5	94.9	119	156.1	61.1	68.4
Long-Term Deferred Tax Assets	-	-	5.4	3.1	3.1	3.2
Other Long-Term Assets	6.1	6	6.3	7.1	5.9	7.1
Total Assets	2,089	1,926	2,036	1,986	1,490	1,224
Accounts Payable	100.1	142.6	147	100.4	71.5	70.4
Current Portion of Long-Term Debt	114.2	15.2	-	-	-	-
Current Portion of Leases	21	19.1	22.9	31.4	22	103.8
Other Current Liabilities	51.6	20.7	16.4	18.7	4.5	3.6
Total Current Liabilities	286.9	197.6	186.3	150.5	98	177.8
Long-Term Debt	649.6	636.4	680.1	618	307.2	377.8
Long-Term Leases	69.8	84.4	96.2	57.6	69.4	91.2
Pension & Post-Retirement Benefits	26.3	26.7	21.3	31	50.9	68.2
Long-Term Deferred Tax Liabilities	186.8	178.7	154.8	138.1	108.7	79.5
Other Long-Term Liabilities	134.5	64.2	113.1	159.6	179	254.2
Total Liabilities	1,354	1,188	1,252	1,155	813.2	1,049
Common Stock	574.1	588.5	609.8	650.9	655.2	300
Additional Paid-In Capital	1.3	2.1	0.8	0.7	0.3	2.3
Retained Earnings	147	134	160.8	166.8	7.8	-140.2
Comprehensive Income & Other	13.1	13.1	13.1	13.1	13.1	13.1
Shareholders' Equity	735.5	737.7	784.5	831.5	676.4	175.2
Total Liabilities & Equity	2,089	1,926	2,036	1,986	1,490	1,224
Total Debt	854.6	755.1	799.2	707	398.6	572.8
Net Cash (Debt)	-850.9	-753.6	-767.4	-700.9	-303.9	-569.1
Net Cash Per Share	-51.92	-46.40	-44.64	-34.63	-17.33	-36.50
Filing Date Shares Outstanding	15.09	15.79	16.87	17.2	17.32	15.6
Total Common Shares Outstanding	15.09	15.79	16.87	17.2	17.32	15.6
Working Capital	-87	-82.5	91.8	-34.4	101.9	-81.6
Book Value Per Share	48.75	46.71	46.51	48.34	39.04	11.23
Tangible Book Value	685.2	687.4	734.2	781.2	626.1	124.9
Tangible Book Value Per Share	45.41	43.53	43.53	45.41	36.14	8.01
Machinery	2,121	1,944	1,863	1,529	1,241	1,101
Construction In Progress	69.5	149.3	72.8	383.1	153.4	39.7
Leasehold Improvements	26	26	25.4	25.2	24.9	24.7

Source: S&P Global Market Intelligence. Standard template. Financial Sources.